RefBan

Referral Banners

Tuesday, December 4, 2012

Business Today: Stock futures tick up, fiscal cliff angst lingers

Click to View in Browser
12/4/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Stock futures tick up, fiscal cliff angst lingers
NEW YORK (Reuters) - Stock futures edged up in low volume on Tuesday as the market remains hostage to negotiations in Washington on how to avert a "fiscal cliff" that could push the U.S. economy into recession.
Baxter to buy Sweden's Gambro for about $4 billion
(Reuters) - Baxter International Inc said on Tuesday that it would buy privately held Swedish dialysis product company Gambro AB for about $4 billion to complement its kidney therapy portfolio.
Shareholders haggle over final details of EADS shake up
LONDON (Reuters) - Bankers, civil servants and industrialists were squeezing out final concessions in talks to shake up aerospace group EADS on Tuesday, people familiar with the discussions said.
Icahn abandons effort to take control of Oshkosh
(Reuters) - Activist investor Carl Icahn on Tuesday abandoned his effort to acquire control of U.S. truck and military vehicle maker Oshkosh Corp after shareholders tendered fewer shares than he had hoped for.
Toll Brothers profit rises, orders jump
(Reuters) - Toll Brothers Inc , the largest luxury homebuilder in the United States, reported a higher quarterly profit and said new orders rose sharply, indicating that the U.S. housing market is well on its way to recovery.
State governors to meet with Obama, Boehner on "fiscal cliff"
WASHINGTON (Reuters) - With a few weeks remaining before the onset of "fiscal cliff," a bipartisan delegation of governors is set to meet Tuesday with President Barack Obama and congressional leaders in search of some answers about the impact of deficit reduction measures on their state budgets, which rely heavily on federal aid.
UK data paints gloomy picture before budget statement
LONDON (Reuters) - Britain's economic recovery remains precarious, data on Tuesday showed, with construction activity falling and retail sales weaker than expected - a blow to the government the day before a budget statement.
Bank of England wants more curbs on bankers' pay
LONDON (Reuters) - Bankers' pay needs to be curbed further to reflect the risk of a bank failure many years after a bonus has been awarded, the Bank of England (BoE) said before the annual bonus season begins next month.
Franco-German rift hampers plan for banking union
BRUSSELS (Reuters) - Germany and France publicly clashed on Tuesday over plans to put the European Central Bank in charge of supervising banks, deepening a dispute over the scope of the ECB's powers that threatens to undermine one of Europe's boldest reforms.
Warren Buffett seeks $1 billion from Swiss Re
LONDON (Reuters) - Warren Buffett's Berkshire Hathaway conglomerate is claiming up to $1 billion from reinsurer Swiss Re in a dispute over a life insurance deal they agreed in 2010.
Related Video
Market Pulse: Don't bank on euro rally - CIBC
U.S. Morning Call: Obama, governors weigh budget proposals
Economic News
State governors to meet with Obama, Boehner on "fiscal cliff"
Defense CEOs say budget deal must address taxes
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Counterparties
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Money
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: